Business Standard

Thangamayil Jewellery Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

28.75 cr

Price Range (₹)

75

Lot Size

80

Min Investment (₹)

6,000.00

Listing Exchange

MumbaiNSE

Open Date

27-Jan-2010

Close Date

29-Jan-2010

Listing Date

19-Feb-2010

Thangamayil Jewellery Ltd News

    The Shares of Thangamayil Jewellery Ltd have now been listed.

    Thangamayil Jewellery Ltd IPO Details

    Public Issue of 3833667 equity shares of Rs. 10/- each of Thangamayil Jewellery Limited(TJL or The Company or The Issuer) for cash at a price of Rs.75 per equity share (Including a share premium of Rs. 65 per equity share) aggregating to Rs. 28.75 crores (The Issue). Upto 120000 equity shares aggregating to Rs. 0.90 crores will be reserved in the issue for subscription by eligible employees (The Employees Reservation Portion). The Issue less the employee reservation portion is referred to as the Net Issue. The Issue will constitute 27.94% of the post issued paid up capital of the company. The Net issue to public will constitute 27.07% of the fully diluted post issue paid-up equity capital of the company.Issue price Rs 75 per equity share of face value Rs 10 each.The issue price is 7.5 times of the face value.

    Objective of issue

    To expand existing business by estb. retail outlet. To meet the working capital requirement.

    Thangamayil Jewellery Ltd Contact Details

    Thangamayil Jewellery Ltd, Surya 35 Mayflower, Avenue Sowripalayam, Road, Coimbatore - 641 028

    Phone - 91-422-4958995/836

    Fax -

    Email - thangamayil@gmail.com

    Website - www.thangamayil.com